CVI - CVI Energy Corporation

[skiper]

Re: CVI - Cityview Corporation

( 130 posts)

In reply to: justintime on Wednesday 16/04/08 05:22pm

Chairman of Fortitude

Absolutely HUGE NEWS

ASX / MEDIA RELEASE April 22, 2008
CITYVIEW BOARD CHANGES
CityView Corporation Limited (“CityView”) is pleased to announce the appointment of Mr Ian Egan as a director of CityView effective April 21, 2008. Mr Egan has worked in the mining industry for more than 35 years, holding senior management positions at BHP including Group General Manager BHP Titanium Minerals and General Manager Non Ferrous Metals BHP Minerals.
Mr Egan has extensive operational and Board experience in relation to the development of new operations and the management of established operations. He is particularly experienced in the areas of financial and operational controls, joint ventures and mergers and acquisitions.
Mr Egan is the Chairman of Fortitude Minerals Limited in which CityView holds an approximate 39.5% interest. Additionally he is a non-executive director of Kenmare Resources plc which is developing a major mineral sands project in Mozambique.
CityView also announces the resignation of Mr Peter Smith as a Director in order to reduce his workload. The Board would like to thank Mr Smith for his contribution to CityView.
Mark Smyth
Chief Executive Officer

 

[pilots]

Re: CVI - Cityview Corporation

Skipper, The share holders of Simba was told the same story as CVI holders are being feed just now, do you agree?. Now was Ian and Mark involved with Simba, now if they get it together at CVI, I was wondering what would happen if a group of share holders from Simba got together and tried to make a claim against Mark or IAN. What is the chance of this happening, I know if I was one of the Simba holders that had lost all my money I would be saying what they have now got for CVI was promised to us.

 

[skiper]

Re: CVI - Cityview Corporation

MS in Sydney doing presentations to Brokers 5-7 May, wonder whether they will be buying in at current prices or not???

 

[skiper]

Re: CVI - Cityview Corporation

MS in Sydney doing presentations to Brokers 5-7 May, wonder whether they will be buying in at current prices or not???

Breaking out on Good volume, time will tell if its for real or not.

Luck all holders, especially LONGS

 

[prawn_86]

Re: CVI - Cityview Corporation

Breaking out on Good volume, time will tell if its for real or not.

Luck all holders, especially LONGS

Doesnt really look like a breakout to me. Could easily fall back into its downtrend

Would need to break 15c to be a breakout imo.

 

[skiper]

Re: CVI - Cityview Corporation

Doesnt really look like a breakout to me. Could easily fall back into its downtrend

Would need to break 15c to be a breakout imo.

I'm sure you would agree Prawn, sometimes a major announcement comes, and it does not really matter what the chart says, all get left behind unless there on already.

IMO, this is one of those scenarios.

 

[prawn_86]

Re: CVI - Cityview Corporation

I'm sure you would agree Prawn, sometimes a major announcement comes, and it does not really matter what the chart says, all get left behind unless there on already.

IMO, this is one of those scenarios.

True, but over the past 6 - 8 months there have been so many so called 'major' announcements, with which holders get really excited, but the price fails to do anything.

Time will tell though. Watching with interest

 

[pilots]

Re: CVI - Cityview Corporation

Prawn86, as hard as they try, the ramp team won't get this started until you see a contract on paper, all we have now is a smooth talker, nothing more.

 

[skiper]

Re: CVI - Cityview Corporation

Prawn86, as hard as they try, the ramp team won't get this started until you see a contract on paper, all we have now is a smooth talker, nothing more.

The only problem I really see at the moment guys is the Gap Up, such as this morning if bids are not pulled

So as a substantial LONG holder, not a lot to worry about IMO

 

[skiper]

Re: CVI - Cityview Corporation

Prawn86, as hard as they try, the ramp team won't get this started until you see a contract on paper, all we have now is a smooth talker, nothing more.

Doesnt really look like a breakout to me. Could easily fall back into its downtrend

Would need to break 15c to be a breakout imo.

.145c has just been taken out Prawn if you are watching, Breakout Territory In Your Opinion, not mine, but i do agree lol

:alcohol:

 

[prawn_86]

Re: CVI - Cityview Corporation

Would need to break 15c to be a breakout imo.

.145c has just been taken out Prawn if you are watching, Breakout Territory In Your Opinion, not mine, but i do agree lol

Quite obviously you like to twist words to suit your own means. Just as when you said the MD had said that the price would hit $1 by xmas 2007.

If you have nothing real and substantial to add to the thread than dont post, rather than embarrasing yourself.

 

[tallmantim]

Re: CVI - Cityview Corporation

Quite obviously you like to twist words to suit your own means. Just as when you said the MD had said that the price would hit $1 by xmas 2007.

If you have nothing real and substantial to add to the thread than dont post, rather than embarrasing yourself.

LOL

Didn't close at 15 cents, so you're off the hook prawn for calling the breakout on a technicality.

;-)

The truth of the matter is that the share price has done a lot of movement over the last 6 months without an independent "company maker".

Until a "company maker" comes through, the share price will keep see-sawing, but obviously there are enough people watching the stock that want to get on-board before such an announcement comes out. It is the speculation about such that continually spike the share price, and there is no doubt in the market as shown by those spikes that a company maker will eventually be delivered.

So yes - I could see it drop back down from here and would not be surprised as short term traders exit. Long term holders that wait for the company maker will be well rewarded IMO however no matter what their buy in cost.

All the best.

 

[pilots]

Re: CVI - Cityview Corporation

Tallmantim, I have read on a forum that CVI are going to use t4p to help with some of the presentations they are doing. What sort of a company would use the help of a ramper to help them. The mind boggles.

 

[tallmantim]

Re: CVI - Cityview Corporation

Tallmantim, I have read on a forum that CVI are going to use t4p to help with some of the presentations they are doing. What sort of a company would use the help of a ramper to help them. The mind boggles.

LOL Pilot - very funny!

Have you actually seen the work?

I'd suggest you have a look at http://youtube.com/watch?v=6z8GHI9_VIo to see his work. If that's not your cup of tea, fine. Then again, perhaps you just aren't a Phil Collins fan?

It certainly makes a slick presentation however to get people to understand visually what is happening with a stock's prospects - much better than a few powerpoint slides do anyway!

;-)

 

[skiper]

Re: CVI - Cityview Corporation

LOL Pilot - very funny!

Have you actually seen the work?

I'd suggest you have a look at http://youtube.com/watch?v=6z8GHI9_VIo to see his work. If that's not your cup of tea, fine. Then again, perhaps you just aren't a Phil Collins fan?

It certainly makes a slick presentation however to get people to understand visually what is happening with a stock's prospects - much better than a few powerpoint slides do anyway!

;-)

Sonangol Announces New Oil Discovery


Luanda, 05/03– The state-run Angola National Fuel Society (Sonangol) and the Italian oil exploration company (ENI), announced Friday here the discovery of crude oil in deep water of block 15/06, in the Angolan maritime zone.

According to a statement from Sonangol, the new oil spot, named Sango-1, was discovered in April in a depth of 1,349 meters and reached a total depth of 3, 346 meters.

The document informs also that in the mentioned area was found a hydrocarbon productive zone with 127 meters in Miocene sand, with high permeability.

Sango-1 is the first drilled oil hole in Block 15/06, located about 350 kilometres to the north of Luanda.

Sonangol is the concessionaire company and ENI-Angola SPA works as operator of Block 15/06.

15/06 is one of 4 blocks being partially offered to CVI::

 

[YOUNG_TRADER]

Re: CVI - Cityview Corporation

Hmmm I saw CVI's ann and was trying to make heads or tails from it,

Very complex but here's the little I see

Currently 365m shares +95m 15c options

Will do a 75m placement@ 22.2c = $16.65m cash
Options exercised = $14.25m cash

So Shares Fully Dilluted = 535m (365m+95m+75m)

Cash = $31m
Holding in PENSADOR = $75M
Holding in FORTITUDE = $35m


Total NTA = $140m = 26.3c a share

I think they retain some of their projects too

Interesting

 

[YOUNG_TRADER]

Re: CVI - Cityview Corporation

Hmmm was expecting others to give feedback,

Heaven't really followed CVI so please understand my above post was based on 5mins worth of research and glancing

I bought a few hundred k at 21.5c after it fell back

Would be interested to hear what others think

p.s. Do they have anything else left or will it just be their NTA holdings? Cheers

 

[JTLP]

Re: CVI - Cityview Corporation

Hey YT,

I've held CVI for so long now its become a bottom drawer filler. There is always so much talk of promise but with so little results. Take today's ann for example, the financing isn't even CONCRETE .

Seriously, they announce things all the time without an ounce of certainty in them. This company needs to do 2 things:
- Give the market clarity
- Stop issuing new shares

The SP of CVI is very manipulated. Insider trading to the maxxx...pepsi maxxx.

They are now waiting on evaluation reports for 4 offshore oil blocks they are in the running for (they can choose to accept a minor stake in these blocks (5 or 10%) if the results are good).

Let's just say they have their fingers in that many pies that they just can't concentrate on one and developing some stability.

***ADDITION***

I think the only thing they have concrete is some copper/gold grounds in Angola.

 

[Sskim]

Re: CVI - Cityview Corporation

Hi YT

Just joined this forum. Have been on another forum and heard about this one.

I think u may expect some good feedback pretty soon as they were discussin u there. I can copy and past from there to here but I think I will wait and see as I dont like plagiarising. If no one comes on an posts I will do it.

Sskim

 

[kromey]

Re: CVI - Cityview Corporation

JTLP have to issue more shares to progress no other way. How many shares did OXR have back in their junior days and how many now.